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SAN FRANCISCO, CA -- (Marketwire) -- 07/02/12 -- Aria Systems, Inc., the leading provider of cloud billing and subscription management solutions, and Cognizant (NASDAQ: CTSH) will present a webinar on Moving to a Software-as-a-Service (SaaS) Subscription Business, on July 12, 2012:

WHAT:
Many forward-thinking software companies are making the move from on-premise to SaaS, which increases flexibility, speeds time to innovation and decreases costs. However, challenges can arise with this shift, as the business models built on selling licenses and service agreements no longer apply. There are two major forces supporting the successful transition to SaaS: cloud brokers and subscription management platforms. Cloud brokers provide a variety of services including insight on platform choices as well as the deployment and integration of applications on a chosen platform. Subscription management platforms enable companies to create predictable, recurring revenue streams that deliver insight into customer buying behavior. Combined, these factors are enabling companies to innovate and monetize new business offerings.

Join Aria Systems and Cognizant to learn what it takes to move from an on-premise, one-time transaction business to a SaaS subscription commerce model that drives recurring revenue, including:

• Core requirements for a successful move to the cloud
• Key factors in selecting the right subscription management platform
• Benefits of managing the complete subscriber lifecycle.

WHO:
Dharmesh Mistry, ISV Practice Lead, Cognizant
Mike Gerardi, Vice President, Worldwide Channels and Business Development, Aria Systems

WHEN:
July 12, 2012 @11 a.m. Pacific

WHERE:
To register, go to http://tiny.cc/CognizantAriaWebinar

About Aria Systems®
Aria Systems (www.ariasystems.com) is the leading provider of cloud billing and subscription management solutions for Global 2000 companies. The Aria Subscription Billing Platform is the industry's only enterprise-class solution that automates the entire subscriber life cycle for all recurring revenue models. Disney, Pitney Bowes, Ingersoll Rand, DreamWorks, EMC, Internap, VMware, Taleo and HootSuite all rely on Aria Systems for fast time-to-market, low operational costs and monetization flexibility.